(The abbreviations used throughout this announcement shall have the same meanings as defined in the announcements dated 10 October 2023 (“First Announcement”) in relation to the classification of the Company as an affected listed corporation under GN3, where applicable, unless stated otherwise or defined herein.)
References are made to the Company’s First Announcement, announcements dated 20 September 2024, 18 October 2024, 11 March 2025, 20 May 2025, 6 October 2025 and subsequent monthly announcements relating to GN3.
On behalf of the Board, TA Securities wishes to announce that Bursa Securities had vide its letter dated 22 October 2025 resolved to grant the Company a further extension of time of 3 months up to 7 January 2026 to submit its Proposed Regularisation Plan to Bursa Securities.
The extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of the Company and to de-list the Company in the event:
(i) the Company fails to submit its Proposed Regularisation Plan to Bursa Securities on or before 7 January 2026;
(ii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its Proposed Regularisation Plan; or
(iii) the Company fails to implement its Proposed Regularisation Plan within the time frame or extended time frame stipulated by any of the regulatory authorities.
Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of the Company on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.
This announcement is dated 22 October 2025.